As updated by Andrea & Co in Apr 2024, Flat 28, Chrome Apartments, Harrow is a modern 993 year lease apartment with 538 ft2 of internal area comprising 1 bedroom with a balcony.
There are 993 years remaining on the lease.
The apartment is in Chrome Apartments, Hargrave Drive, Harrow, HA1.
Hargrave Drive, Harrow, HA1 is located in the borough of Harrow within the HA1 postal district.
Based on both the data supplied by Andrea & Co and the public information available in the area, we estimate the current sale value for Flat 28 Chrome Apartments Harrow as £312,672 and the rental value as £1,544 per month giving an expected gross yield of 5.9%.
Andrea & Co described the decorative condition as good in Apr 2024.
Over the last 12 months the sale value of Flat 28 Chrome Apartments Harrow has decreased by £7,042 (2.3%) and its rental value has increased by £28 per month (1.8%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 28, Chrome Apartments, Harrow is in very good condition we estimate a sale value of £328,306 and rental value of £1,621 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £290,785 and a rental value of £1,436 per month.
If you were able to purchase this property for the estimated value of £312,672, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,537 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to Andrea & Co , Flat 28, Chrome Apartments, Harrow was let once since 2021 with the latest being in Apr 2024 for an undisclosed price.
Since Apr 2024, the market values of similar properties has risen 1.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 28, Chrome Apartments, Harrow within a radius of 470 metres over the last 2 years.
The most recent example is Flat 8, Archer Apartments, Meadowview Close, Harrow, HA1 4GS, a Leasehold flat which sold for £319,130 in Jul 2022.
Read more about house prices in HA1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hargrave Drive, Harrow, HA1 has a total of 221 addresses. According to our analysis of all the public data, Flat 28, Chrome Apartments, Harrow is the 218th largest and the 221st most expensive property on the street.
When compared to the postcode district it is £170k less expensive than the average property in HA1.
Flat 28, Chrome Apartments, Harrow has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Feb 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to Flat 28, Chrome Apartments, Harrow is Harrow & Wealdstone station which is 800 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 28, Chrome Apartments, Harrow, 57.5% of property is privately rented and 20.8% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 28, Chrome Apartments, Harrow, 27.0% of residents are recorded as possessing school level qualifications and 36.4% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 28, Chrome Apartments, Harrow, the average age was 35 and the most common age was 32.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 28, Chrome Apartments, Harrow, 0.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 28, Chrome Apartments, Harrow, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.